Company News: Green Street Celebrates 40th Anniversary And Builds Global Momentum
Commercial Property Price Index: September, 2024
Price Appreciation Expected to Continue
Newport Beach, CA, October 4, 2024 — The Green Street Commercial Property Price Index® was unchanged in September. The all-property index has increased by 3% this year.
“Property prices have increased this year, and we expect further appreciation,” said Peter Rothemund, Co-Head of Strategic Research at Green Street. “The decline in bond yields over the past several months makes commercial property more attractive.”